Taubman Centers Announces Taxable Allocations of 2009 Common and Preferred Share Dividend Distributions
14 Enero 2010 - 3:01PM
PR Newswire (US)
BLOOMFIELD HILLS, Mich., Jan. 14 /PRNewswire-FirstCall/ -- Taubman
Centers, Inc. (NYSE:TCO) announced today the tax allocations of the
2009 dividend distributions on its common shares and on its 8%
Series G and 7.625% Series H Cumulative Redeemable Preferred
Shares. (Logo:
http://www.newscom.com/cgi-bin/prnh/20080428/CLM116LOGO) The 2009
distributions paid with respect to Taubman Centers, Inc. Common
Stock (NYSE:TCO/CusipNYSE:no.NYSE:876664103) are as follows: 15%
Unrecap- Rate tured Long Sec. Term 1250 Gross Ordinary Return of
Capital Capital Declara- Record Payable Distri- Dividend Capital
Gain Gain tion Date Date Date bution Percent Percent Percent
Percent --------- ------ ------- ------ --------- ------- --------
--------- 03/06/09 03/16/09 03/31/09 0.41500 61.0450642%
38.9549358% 0% 0% 05/29/09 06/15/09 06/30/09 0.41500 61.0450642%
38.9549358% 0% 0% 09/03/09 09/15/09 09/30/09 0.41500 61.0450642%
38.9549358% 0% 0% 12/03/09 12/15/09 12/31/09 0.41500 61.0450642%
38.9549358% 0% 0% 2009 TOTALS PER SHARE 1.66000 61.0450642%
38.9549358% 0% 0% -- Amounts reported to Direct Share Purchase and
Dividend Reinvestment Plan participants will differ due to
administrative costs. Participants should refer to their Form 1099,
which will be mailed in late January, and contact BNY Mellon
Shareowner's Services at (888) 877-2889 for further information. --
For 2009, Taubman Centers, Inc. had no distributions to common
stock holders allocable as qualified dividends. -- Taxability of
the 2009 common dividend is not indicative of the taxability of
future dividends. The 2009 distributions paid with respect to
Taubman Centers, Inc. Series G Preferred Stock
(NYSE:TCONYSE:PrG/CusipNYSE:no.NYSE:876664301) are as follows: 15%
Unrecap- Rate tured Long Sec. Term 1250 Gross Ordinary Return of
Capital Capital Declara- Record Payable Distri- Dividend Capital
Gain Gain tion Date Date Date bution Percent Percent Percent
Percent --------- ------ ------- ------ -------- ------- --------
--------- 03/06/09 03/16/09 03/31/09 0.50000 100% 0% 0% 0% 05/29/09
06/15/09 06/30/09 0.50000 100% 0% 0% 0% 09/03/09 09/15/09 09/30/09
0.50000 100% 0% 0% 0% 12/03/09 12/15/09 12/31/09 0.50000 100% 0% 0%
0% 2009 TOTALS PER SHARE 2.00000 100% 0% 0% 0% -- For 2009, Taubman
Centers, Inc. had no distributions to Series G Preferred Stock
holders allocable as qualified dividends. -- Taxability of the 2009
dividend to Series G Preferred Stock holders is not indicative of
the taxability of future dividends. The 2009 distributions paid
with respect to Taubman Centers, Inc. Series H Preferred Stock
(NYSE:TCONYSE:PrH/CusipNYSE:no.NYSE:876664400) are as follows: 15%
Unrecap- Rate tured Long Sec. Term 1250 Gross Ordinary Return of
Capital Capital Declara- Record Payable Distri- Dividend Capital
Gain Gain tion Date Date Date bution Percent Percent Percent
Percent --------- ------ ------- ------ -------- ------- --------
--------- 03/06/09 03/16/09 03/31/09 0.4765625 100% 0% 0% 0%
05/29/09 06/15/09 06/30/09 0.4765625 100% 0% 0% 0% 09/03/09
09/15/09 09/30/09 0.4765625 100% 0% 0% 0% 12/03/09 12/15/09
12/31/09 0.4765625 100% 0% 0% 0% 2009 TOTALS PER SHARE 1.9062500
100% 0% 0% 0% -- For 2009, Taubman Centers, Inc. had no
distributions to Series H Preferred Stock holders allocable as
qualified dividends. -- Taxability of the 2009 dividend to Series H
Preferred Stock holders is not indicative of the taxability of
future dividends. For additional information, please refer to the
Taubman Centers, Inc. website, http://www.taubman.com/ or call Mark
Godek, Director of Tax Compliance at (248) 258-7667. Taubman
Centers is a real estate investment trust engaged in the
development and management of regional and super regional shopping
centers. Taubman's 24 U.S. owned and/or managed properties, the
most productive in the industry, serve major markets from coast to
coast. Taubman Centers is headquartered in Bloomfield Hills,
Michigan and its Taubman Asia subsidiary is headquartered in Hong
Kong. For more information about Taubman, visit
http://www.taubman.com/. For ease of use, references in this press
release to "Taubman Centers", "company" or "Taubman" mean Taubman
Centers, Inc. or one or more of a number of separate, affiliated
entities. Business is actually conducted by an affiliated entity
rather than Taubman Centers, Inc. itself. This press release may
contain forward-looking statements within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended. These statements
reflect management's current views with respect to future events
and financial performance. Actual results may differ materially
from those expected because of various risks and uncertainties,
including, but not limited to the continuing impacts of the U.S.
recession and global credit environment, other changes in general
economic and real estate conditions, changes in the interest rate
environment and the availability of financing, and adverse changes
in the retail industry. Other risks and uncertainties are discussed
in the company's filings with the Securities and Exchange
Commission including its most recent Annual Report on Form 10-K.
http://www.newscom.com/cgi-bin/prnh/20080428/CLM116LOGODATASOURCE:
Taubman Centers, Inc. CONTACT: Barbara Baker, Taubman, Vice
President, Investor Relations, +1-248-258-7367, Web Site:
http://www.taubman.com/
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